November 5 - November 10, 2023 Economic report and policy meetings
November 5
Indonesia: GDP Growth Rate (QoQ) – 3rd Qtr., GDP Growth Rate (YoY) – 3rd Qtr.
Japan: Bank of Japan Monetary Policy Meeting Minutes
November 6
Australia: Reserve Bank of Australia (RBA) Interest Rate Decision
Brazil: S&P: Global Services Purchasing Managers Index (PMI) - October
Canada: Ivey Purchasing Managers Index (PMI) – s.a. – October
China: Balance of Trade – October
Euro-Zone: HCOB Services Purchasing Managers Index (PMI) Final – October, Spain: HCOB Services Purchasing Managers Index (PMI) – October, Consumer Confidence – October, Consumer Confidence – October, Italy: HCOB Services Purchasing Managers Index (PMI) – October, France: HCOB Services Purchasing Managers Index (PMI) Final – October, Germany: HCOB Services Purchasing Managers Index (PMI)
Japan: Household Spending (YoY) – September
Mexico: Consumer Confidence - October
Philippines: Inflation Rate (YoY) - October
Switzerland: Unemployment Rate – October
U.K.: S&P Global/CIPS Construction Purchasing Managers Index (PMI) – October, British Retail Consortium Retail Sales Monitor (YoY) - October
November 7
Brazil: Brazilian Central Bank Copom Meeting Minutes
Canada: Balance of Trade – September
Japan: Reuters Tankan Index – November, Coincident Index Preliminary – September, Leading Economic Index Preliminary – September
Philippines: Unemployment Rate - September
U.S.: Consumer Credit Change - September
November 8
Brazil: Retail Sales (MoM) – September
Canada: Building Permits (MoM) -September, Bank of Canada Summary of Deliberations
China: Inflation Rate (YoY) – October, Inflation Rate (MoM) – October, Producer Price Index (PPI) (YoY) – October
Euro-Zone: Retail Sales (YoY) -September, Germany: Inflation Rate (YoY) Final – October, Inflation Rate (MoM) Final – October 10-Year Bund Auction, France: Balance of Trade – September, Italy: Retail Sales (MoM) - September
Japan: Bank Lending (YoY) – October, Bank of Japan Summary of Opinions, Economy Watchers Survey (Current) – October, Economy Watchers Survey (Outlook) = October, Foreign Bond Investment – November 4
Philippines: GDP Growth Rate (QoQ) – 3rd Qtr., GDP Growth Rate (YoY) – 3rd Qtr.
Poland: Interest Rate Decision – November
U.S.: Wholesale Inventories (MoM) – September, MBA 30-Year Mortgage Rate (November 3), MBA Survey Indexes - Mortgage Market Index, Mortgage Applications (November 3), Mortgage Market Change, Mortgage Refinance Index, Refinancing Change, MBA Mortgage Approvals (November 3), Department of Energy (DOE) U.S. Crude Oil Inventories (November 3), DOE Cushing OK Crude Inventory (November 3), DOE U.S. Gasoline Inventories (November 3), DOE U.S. Distillate Inventory (November 3), DOE U.S. Refinery Utilization (November 3), DOE Crude Oil Implied Demand (November 3), Gasoline Implied Demand (November 3), Distillate Implied Demand (November 3), API Crude Oil Stock Change (November 3), EIA Natural Gas Stocks Change – November 3
November 9
Australia: Reserve Bank of Australia (RBA) Statement on Monetary Policy
Mexico: Inflation Rate (YoY) – October, Core Inflation Rate (MoM) - October
New Zealand: Business NZ Purchasing Managers Index (PMI) – October
U.S.: Continuing Jobless Claims – October 28, Initial Jobless Claims – November 4
November 10
Brazil: Inflation Rate (MoM) – October, Inflation Rate (YoY) – October, Business Confidence - November
China: New Yuan Loans – October
Euro-Zone: Italy: Industrial Production (MoM) – September, Industrial Production (YoY) – September
India: Industrial production (YoY) – September, Manufacturing Production (YoY) – September,
Mexico: Industrial Production (YoY) – September
Russia: Balance of Trade – September, Inflation Rate (MoM) – October, Inflation Rae (YoY) – October
U.K.: GDP 3-Month Average – September, GDP Growth Rate (YoY) Preliminary – 3rd Qtr., GDP (YoY) – September, Balance of Trade – September, Construction Output (YoY) – September, GDP Growth Rate (QoQ) Preliminary – 3rd Qtr., GDP (MoM) – September, Goods Trade Balance – September, Goods Trade Balance Non-EU – September, Industrial Production (YoY) – September, Industrial Production (YoY) – September, Manufacturing Production (YoY) – September., NIESR Monthly GDP Tracker – October
U.S.: University of Michigan Consumer Sentiment Preliminary – November, Baker Hughes U.S. Rig Count – November 10
The University of Michigan releases its Consumer Sentiment index for November. Consensus estimate is for a 63.9 reading, roughly even with the October figure and well below historical averages. Consumers’ expectations for the year-ahead inflation was 4.2% in October, a one percentage point jump from September and the highest reading since May.
Bold denotes likely market-moving newsflash which traders consider significant to foreign exchange levels or otherwise important/noteworthy information, i.e., market holiday’s which will affect standard settlement dates.
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